Federal Deficit - up 76%!!!

From an Associated Press article in this morning's Northwest Herald:

"The Treasury Department reported Thursday (yesterday) that the deficit through the first 11 months of this budget year totaled $483.4 billion, up 76.2 percent from the same period a year ago."

Should we be thankful that it didn't increase more?

Or should we be mad as hell that we are mortgaging the futures of our children, grandchildren and great-grandchildren with such foolishness?